Are people in Cyprus happy?
Cyprus: Happiness Index, 0 (unhappy) – 10 (happy) The average value for Cyprus during that period was 5.86 points with a minimum of 5.55 points in 2016 and a maximum of 6.47 points in 2013. The latest value from 2020 is 5.88 points. For comparison, the world average in 2020 based on 150 countries is 5.51 points.
Is there a dress code in Cyprus?
Dress codes in churches, monasteries and mosques are strictly enforced – long trousers and no bare chests for men, covered legs and shoulders for women (and also in mosques, covered heads for women and shoes off for all). Attitudes to gay people can display prejudice.
How do people greet in Cyprus?
The verbal greeting among Greek Cypriots is “Yiasoo” (Hello), whilst the Turkish greeting is “Merhaba” or “Salam” (Hello). English greetings are also common throughout Cyprus. When addressing strangers, elders or people in formal settings, it is polite to use their title and last name.
How is the living condition in Cyprus?
Living conditions in Cyprus improved as the nation gained access to European treaties and European Union law to resolve internal unrest, and also the increased security that comes with EU membership. In 2018, the unemployment rate fell to 8.2 percent, among the lowest in the EU.
Is Cyprus friendly to Americans?
Cyprus is generally very safe to travel to, even though it is geographically close to countries hit by terrorism and wars. Petty crime does occur, especially during the holidays and summer.
What are the tax implications for expats living in Cyprus?
For an individual who is a non-tax resident of Cyprus, tax is levied on gains or profits from any office or employment in Cyprus only. Income taxable through expat tax preparation includes that from employment such as the estimated value of any ‘extras’.
How do I pay tax on my foreign pension in Cyprus?
You must always seek professional advice from a qualified Cyprus tax specialist. Foreign pension income is taxed at the flat rate of 5\% on amounts over €3.420. You can however, on an annual basis, elect to be taxed at the normal tax rates and bands set out above.
Why should you invest in Cyprus?
This is beneficial due to the fact that due to Cyprus’ low taxation rates in combination with the plethora of double tax treaties, your overall income tax is minimized. Cyprus income tax system for individuals is progressive. This means that the more you earn, the greater percentage of your income will be subject to taxation.
What is the medical care like in Cyprus?
Emergency medical treatment in Cyprus is free to citizens and expats alike, but care for both in- and out-patients will most probably incur a fee. Citizens from EU-member states are eligible for free health insurance at state hospitals in Cyprus, although this only applies to the south.